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About
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How to send money abroad using Remitly? Is it the best options available? How much time it will take to reach the recipient? Is it safe to transfer money online? All these thoughts hit your mind when you start using the money remittance services. But now you need not to worry because the experts of >>More |
TransferWise review provided at Exchange Rate IQ is the part of our editorial independence which depends upon multiple analysis reports, comparison with other companies, safety and customer reliability. This review provides you the answer to "Is TransferWise cheap?" "What are the fees and excha >>More |
Thinking of using a remittance service to transfer funds across borders and not able to find a proper review. Here at Exchange Rate IQ, we provide you with the best-unbiased reviews in a precise manner which are based on long research, customer satisfaction and authenticity. Therefore, we have bough >>More |
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Security
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256-bit SSL encryption with a 2048-bit signature |
Regulated by FCA, ASIC, FINTRAC, CCE, RBI, DIA, MAS, EEA |
FCA |
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Language
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English, French, Spanish, Vietnamese" |
Hungarian, Spanish, German, Italian, French, Portuguese, English |
English, Danish, Dutch, Spanish, French, Nederlands |
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Pros
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- Its express services transfer money across the world within minutes
- Multiple payout methods
- It has partnership with big banks in various countries so recipients can collect money from any participating bank.
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- Very inexpensive
- Offer great rates with transparent fees and exchange rates.
- Guaranteed exchange rates with no hidden fees
- Transfer fast through cards
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- 24/7 customer support available in more than 20 countries
- No minimum transfer limit
- Ease to use website and apps.
- Competitive exchange rates with multiple sending and receiving options
- Have an online calculator so that you can get an accurate quote.
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Cons
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- Has a high transfer fees and profit margin
- No in-person customer support.
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- Limited currencies and countries
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- Have a low maximum transfer limit of $10,000
- Does not offer business transfer
- The transfer fee is not fixed and changes according to the currency, type of transfer and mode of payment.
- Not all transfer methods are available for all countries.
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